Gold price in 2003: open, high, low, close
Gold averaged $363.72 an ounce in 2003, moving between $321.50 and $416.90. Month-by-month figures, the year's change and the inflation-adjusted value, from public data.
Gold price in 2003, month by month (US dollars per troy ounce)
| Month | Open | High | Low | Close | London avg |
|---|---|---|---|---|---|
| January | $346.10 | $370.00 | $346.10 | $368.30 | $357.00 |
| February | $370.80 | $379.00 | $344.20 | $350.20 | $359.00 |
| March | $349.20 | $356.80 | $326.00 | $335.90 | $341.00 |
| April | $334.30 | $339.10 | $321.50 | $339.10 | $328.00 |
| May | $342.10 | $372.00 | $341.00 | $364.50 | $356.00 |
| June | $366.00 | $368.60 | $343.90 | $346.00 | $356.00 |
| July | $351.40 | $364.80 | $342.10 | $354.00 | $351.00 |
| August | $346.10 | $375.70 | $346.10 | $375.70 | $360.00 |
| September | $373.20 | $387.50 | $372.90 | $385.40 | $379.00 |
| October | $384.30 | $388.90 | $369.20 | $384.50 | $379.00 |
| November | $377.00 | $397.80 | $377.00 | $396.80 | $390.00 |
| December | $402.70 | $416.90 | $402.70 | $415.70 | $407.00 |
Open, high, low and close are daily COMEX futures settlements; the last column is the monthly average of the London (LBMA) price, which differs slightly from COMEX.
Source: World Bank Commodity Markets (Pink Sheet) monthly London gold prices; COMEX gold futures (GC=F) daily settlements; US CPI (FRED series CPIAUCSL). Data updated ; refreshed automatically about once a day. Figures are indicative and may be revised by the sources.
Gold in 2003: the numbers
In 2003, gold averaged $363.72 an ounce, measured by daily COMEX settlement prices. It opened the year at $346.10, reached a high of $416.90 in December 2003 and a low of $321.50 in April 2003, and closed at $415.70, a change of +19.6% from the end of 2002. 7 of the 11 month-to-month changes were higher. Adjusted for inflation, the closing price equals about $754 in September 2026 dollars.
For context, gold closed 2002 at $347.60 and 2004 at $437.50 (+5.2% in 2004).
How this compares with the whole record
The gold price history page charts every year since 1968 and lists the open, high, low and close of each, and the all-time-high tracker shows every record close. Figures for 2003 use daily COMEX settlement prices; the London price and COMEX futures differ slightly, usually by a few dollars.
Frequently asked questions
What was the gold price in 2003?
Gold averaged $363.72 per troy ounce in 2003, measured by daily COMEX settlement prices. It opened the year at $346.10 and closed at $415.70.
What was the highest gold price in 2003?
The highest daily settlement in 2003 was $416.90, in December 2003. Intraday highs were slightly higher.
What was the lowest gold price in 2003?
The lowest daily settlement in 2003 was $321.50, in April 2003.
Did gold go up or down in 2003?
Gold up +19.6% in 2003, from $347.60 at the end of 2002 to $415.70. Adjusted for inflation, that closing price is about $754 in September 2026 dollars.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.